Anpario CEO steps down after nine years

Shares in Anpario were knocked back from recent all-time highs by the resignation of chief executive David Bullen.

Bullen, who has been with the natural feed additives for animal health, hygiene producer since 2007, will be succeeded by former CEO Richard Edwards, recently the company's executive vice chairman.

Edwards led the reverse takeover of Agil and subsequent acquisitions and sales; as well as setting up the subsidiary in the United States.

"Anpario's board would like to thank David for his significant contribution in leading the successful development of the Company in its transition to a robust, higher added value and efficient business and wish him all success with his future endeavours," said chairman Richard Rose.

Shares in the company were down 6% to 330p by Wednesday afternoon.